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New7 days ago

184 Chesham Place

North K, London North

$599,900

Detached|Backsplit 4
3 | 2 | 3
About this home

Prime opportunity to own in this ideal location within walking distance to Western for student rental investors and families seeking housing close to Western U. This back-split can easily be configured to provide a self-contained 1-2 bedroom suite with a private side entrance. Importantly, all bedrooms would be above grade, increasing appeal and rental value, and anyone looking for a mortgage helper! This court is a quiet location with long time residents in the neighbourhood. The layout maintains both a full living room and a full recreation room, and the walkout on Level 3 adds natural light and direct yard access. Situated on a large pie-shaped lot at the end of a cul-de-sac, this property offers loads of privacy and space. Parking for four cars.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 4
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$4,727
Lot Size34.45 ft x 122.73 ft
mls© NumberX13714256
Listed ByROYAL LEPAGE TRILAND REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,071
Property tax
$394
Heat allowance
$150
Housing costs
$3,614 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,980
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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